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obama when they meet later this month. they will go over something that's been a thorn in japan-u.s. relations. the relocation of a u.s. military base. both governments want the plan to go ahead but the people in japan south aren't on board. >> reporter: they talk about relocating the station. >> translator: we must remove the futuma air station as soon as possible, in accordance with an agreement with the u.s. government. >> translator: we want the base to be moved out of okinawa. >> reporter: okinawa is japan's southernmost prefecture. the island district comprises only 0.6% of japan's land but hosts 70% of the u.s. bases in the nation. for many, futenma symbolizes okinawans unfair burden in ensuring japan's security. this is the futenma air station. you see aircrafts, runway and if you turn this way, you can see how close the residential area of okinawa is to the space. in 1996, the u.s. agreed to return the futenma site to japan. masahide ota was okinawa's governor then. >> i was so happy, and -- but after one year or so, i was told that the, even though they would return the fu
, the obama administration claims it has legal authority to assassinate u.s. citizens overseas even if there is no intelligence indicating they are engaged in an active plot to attack the u.s. we will speak with jameel jaffer from the aclu. the obama administration is claiming the legal authority to indefinitely detain americans without charge or trial. >> the way in which our fundamental rights, our bill of rights, our constitution freedoms have been abridged by the last 10 years and more as president obama is unhappily following in that tradition. >> we will speak with whistleblower daniel ellsberg who is in new york this week to attend an appeal in his lawsuit against the ndaa. we will speak with computer security researcher jacob appelbaum who lost a federal appeals court ruling that the government could subpoena his twitter and e-mail information without a warrant as part of its probe into wikileaks. the boy scouts of america prepared to vote on whether to lift its ban on gay members. >> the question always comes down to, can case raise quick -- raise kids? most people really d
. >>> fueled by a weaker yen and strong sales of cameras in the u.s. >>> and shares in virgin media rally after an offer for a takeover that could value the uk cable operator at $20 billion. >> all right. welcome to tuesday. >> it's get together tuesday. coordinated, as well. >> the final print for the eurozone is finally come in, 48.6, a little better than the forecast of 48.2. >> may i just say, though, the employment index, look at that, 46.1, which is just barely better than the flash estimate but still the lowest since december 2009. on a downward trajectory. it's not germany where the final composite was 54.4. it's the periphery still. france's final january pmi falls to 46.1. >> france is where the concern is. we have francois hollande today speaking to the eu parliament. he's going to lay out his vision for the eu against that economic back drop. >> isn't it amazing? we come into the week yesterday with everyone still talking. you have that great barons cover, you come in, just get the risk trade massively off. and the question for today and the rest of the week is frankly whether that'
harding, timbuktu. >> and now to the memo that shows the u.s. government's role for when drone attacks can be launched to kill american citizens. the justice department that the government does not need evidence that a specific attack is imminent. more lenient standards then publicly known for drug -- drone attacks. here is steve kingston. and under what exact circumstances will the u.s. government authorized the killing of an american citizen abroad? but the answers are here. it is a 16-page memo written by the lawyers of the justice department, as requested by congress. it is a document that is not strictly classified, but it was not meant to become public. what these lawyers do here is justified is targeted killing of american citizens who have worked with or parts of al qaeda and expense various groups. that is the justification if they pose a an immense threat to america. it provides a very elastic definition of what is an imminent threat. you do not need to know this is a bit of who, what, where, and when of a particular plot against america. it is enough for these individuals to be
to justify the president's use of drones to kill al qaeda suspects, including, in some cases, u.s. citizens. our national investigative correspondent michael isikoff broke the story and has our report. >> reporter: drones have been called president obama's weapon of choice. during his four years as commander in chief, u.s. military and cia drone strikes have accelerated in an unprecedented pace. more than 400 cia strikes against targets in pakistan and yemen. eight times as many as under president bush. >> they have been very precise, precision strikes against al qaeda, and their affiliates. >> these strikes are legal. they are ethical. and they are wise. >> reporter: but today, new questions about drone strikes targeting american citizens, including anwar al awlaki. born in new mexico, and killed in yemen in 2011. he allegedly directed the so-called underwear bomber, who tried to blow up an airliner over detroit in 2009. but awlaki was never charged with a crime. nbc news has obtained this confidential 16-page justice department memo that concludes lethal strikes against u.s. citizens, who
of the u.s. administration and barack obama himself, they understand that they are focused in, to be effective in their relationships, they have to work well together. europe is a strong partnership. >> [inaudible question] >> i think it will require important adjustments and policies on both sides of the atlantic. it will eventually be done in the time span that you outlined. >> that would be one of the adjustments needed. >> i feel that there is a new sense of realism about europe within europe. the breakup of the euro, exit from the eurozone, all of these difficulties. all of the cynics who knew all of the answers had you never had any permanent data mechanism, you will never get to a point where you make it is and it is important. the european council is now moving on. when we didn't support the tax of [inaudible] , because their implications, yet the first meeting, it was the first item on the agenda. the countries that supported this could get out of. i think during this current time, we need to start the negotiations for free trade between the eu and the u.s. the greate
with questions about the president's authority to target u.s. citizens. >> these strikes are legal, ethical and wise. >> this is giving legal justification for killing american citizens without any trial. >> i would point you to the ample judicial precedent. >> this letter signed by eight democrats and three republicans urges mr. obama to produce the memos th authorizes use the drones to congress and republicans can decide whether it's subject to appropriate limitations and safeguards. susan colins says fundamental principals are at stake. >> the obama administration released all these opinions from the office of legal council about the bush administration's treatment of detainees. so why the different stad. >> first reported by nbc news, a leaked draft memo argues americans such as anwar al awlaki, the first american targeted for death, you are lawful because of their leadership within al-qaeda among other factors. >> our primary concern is keep american people safe. but to do so in a way consistent with our laws and consistent with our values. >> when pushed to explain how an american can
. >> and -- >> there is not a country in the world that believes that the u.s. drone attacks that we are doing on countries that we are not at war with is the right and sustainable solution for us. >> all we have is the president interpreting his own powers and the limits on his own powers. and that is not the way it's supposed to work. we need more oversight. >> announcer: funding is provided by -- carnegie corporation of new york, celebrating 100 years of philanthropy, d committed to dog real andermane good thworld. the kohlberg foundation. independent production fund, with support from the partridge foundation, a john and polly guth charitable fund. the clements foundation. park foundation, dedicated to heightening public awareness of critical issues. the herb alpert foundation, supporting organizations whose mission is to promote compassion and creativity in our society. the bernard and audre rapoport foundation. the john d. and catherine t. macarthur foundation, committed to building a more just, rdant, and peafuworld. re information at macfound.org. anne gumowitz. the betsy and jesse fink foundation. the hkh
explore the legal and other issues surrounding the u.s. policy. >> ifill: then, federal and state governments sue a credit ratings agency it says gave good ratings to bad mortgage investments. >> brown: ray suarez looks at president obama's use of campaign-style events to push his legislative agenda. >> ifill: hari sreenivsan examines a million-dollar match fixing scandal shaking the world of international soccer. >> brown: and playing with the enemy: we have the story of an orchestra of israelis and arabs coming together for music, and maybe more. >> the only way that we can achieve anything that is remotely related to peace is if we sit together and talk or if we at least try to. >> ifill: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: >> sailing through the heart of historic landscapes you see things differently. you get close to iconic landmarks, to local life, to cultural treasures. it's a feeling that only the river can give you. these are journeys that change your perspective on the world and perhaps even yourself. viking
reconstruction, john sopko delivered a report on you for spending so far show in the u.s. government spent over $7 million on a largely unused building. his remarks from the center for strategic and international studies in washington d.c. rfid the minutes. [inaudible conversations] >> good morning. thanks for coming today. my name name is robert laman and director of the program in crisis conflict and cooperation here at csis. welcome. it is my pleasure today to be hosting john sopko who is the special inspector general for afghanistan reconstruction known by the acronym sigar. mr. sopko has been a state and federal prosecutor. he has been congressional counsel, senior federal government adviser. he has been the chief counsel for oversight and investigation for the house committee on energy and commerce and has also been on the chief oversight counsel for homeland security. and under then senator sam nunn, he was on the senate subcommittee for investigation staff. he has worked at commerce at the justice department, at the state and federal level and today he is the special inspector general f
.75 a share. it would be the biggest leveraged buyout since the financial crisis. the u.s. government launching a civil lawsuit against standard & poors and mcgraw-hill over mortgage ratings. this is the first federal enforcement action against a credit rating agencies over alleged behavior tied more to the crisis. we'll talk more about the story and the implications with jacob frankel as 6:30 eastern. >>> and there's more news for boeing. the company has asked the faa for permission to do test flights. this suggests boeing has found solutions that led to the grounding of the entire fleet last month. the transportation agency says it's unclear whether battery, chemistry or an electrical issue caused a main battery on a plane owned by nippon airlines last month. investigators said today they may widen their probe on other components on the aircraft. >> thank you, mr. professor. yum brands is warning it is expecting 2013 warnings to shrink as it struggled to manage a food safety scare in china. remember i made that joke about cats. we'll leave that alone. also, toyota now raising its an
the u.s. credit rating. it caused political embarrassment. could there be some level of retribution? >> reporter: that's what a lot of people are saying. this is political payback. you downgrade us in 2011. it was bad news for america and the obama administration. now we are going to sue you. this lawsuit implies that all of the blame for the crash should go to wall street, whether it's bankers, brokers, insurance companies, you are to blame, not any blame attaching to politicians. gregg: these credit-backed securities and all kinds of investments that were bundled together, they were hard to discern. that will be s & p's defense. we didn't know and neither did anyone else. martha: we are learning the tour bus involved in that horrific accident over the weekend had a history of maintenance problems. according to federal records the bus failed multiple inspects. as recently as october this bus was slapped with 8 violations. a horrific scene that napped this accident. 7 people were killed, dozens injured. >> reporter: people were screaming as the bus driver lost control saying i'm goi
: a leaked document today put the spotlight back on lethal strikes by the u.s. government on u.s. citizens abroad. in response, top officials in the obama administration argued their actions are justified and legal. >> primary concern is to keep the american people safe, now do so in a way that's consistent with our laws and our values. >> ifill: attorney general eric holder today defended the justice department's rationale for authorizing the killings of americans overseas. >> we are -- we have as a basis for action that we take a congressional statute that allows us to operate against al qaeda and associated entities not only in pakistan or not only in afghanistan but in other parts of the world. we say that we only take these kinds of actions when there's an imminent threat, when capture is not feasible and when we are confident that we're doing so in a they's consistent with a federal international law. >> ifill: nbc news obtained a 16-page justice department white paper apparently prepared for congressional committees last summer that describes the obama administration's legal reasoni
for the increase. however, some analysts predict 2013 will be less brutal than 2012 when the average u.s. household spent nearly $3,000 on gas. >>> thanks to a daring fbi rescue, a little boy who spent the last week as the hostage of an alleged murderer is safe and sound this morning. >> i've been to the hospital. i have visited with ethan. he is doing fine. he's laughing, joking, playing, eating. the things that you would expect a normal 5 to 6-year-old young man to do. >> police say the boy's kidnapper 65-year-old jimmy lee dykes is dead. however, details about the raid are still unclear at the moment as law enforcement officials begin what they say will be a thorough and labor-intensive investigation. nbc's kurt gregory has more. >> reporter: relief in the small community of midland city, alabama, following the dramatic rescue of a 5-year-old boy held captive for seven days in an underground bunker. late monday afternoon that the tightly-knit community had anxiously been awaiting to hear. >> at approximately 3:12 this afternoon, fbi agents safely recovered the child who's been held hostage for n
leaders. she said the number of people arrested trying to enter the u.s. illegally dropped to a 40-year low. >> we've matched our successes at the border with smart, effective immigration enforcement with a focus on identifying and removing criminal aliens and other public safety threats. >> president obama will meet with business and labor leaders today hoping to convince them immigration reform will be good for the economy. >>> almost five months after the tragedy at a u.s. consulate that killed americans in benghazi libya, the senate voted to improve security at u.s. embassies overseas the measure heads to the house. [ applause ] >>> monday was john kerry's first day on the job as secretary of state. he joked about his predecessor, hillary clinton, saying he had big heels to fill. >>> public records indicate superdome officials were worried about a possible blackout months before the super bowl. officials still aren't sure what caused the 34-minute blackout. according to the "new orleans times picayune," they're looking at equipment that controls the flow of electric
to get very, very desperate to find someone to run for his now open u.s. senate seat. also today, the president gives a barn burner in minnesota. he says on the political issue where we are supposedly so politically divided that we can never make progress of any kind, he says on that issue specifically, actually, right now we have a national consensus that we can move on. that's all ahead. >>> plus, the political right all at once, all in unison gets very vocally angry with karl rove. poor karl. frank rich from "new york" magazine is here on the show tonight. we've also got the latest conspiracy theory about the terrifying photo shopped secrets of president barack hussein obama. did you know his emotional name is hussein? the conspiracies about the president get even more conspiratorial than they have in years past. >>> we're beginning with a big deal, a story you will not see anywhere else, because it is an nbc news exclusive. nbc's national investigative correspondent michael isikoff has uncovered something that is not classified, but treated as one of the biggest secrets of th
in the u.s., this guy wants to see it go up 22% from 20% but overall disney stocks near an all-time high, 54.50 is the all-time high. triple the s&p. liz: are you worried the upper income was 234 million versus 413 million? >> it is all about the releases and where you are in the schedule. they will look forward to what is coming up next. let's not forget they have iron man three coming out. i think wall street will look forward that way. and the cable networks seem to be doing pretty good. disney channel, espn. one of the best collections of entertainment media assets anywhere, has really been humming. david: that collection has grown tremendously. lucas films. have they paid too much? >> they bought marvel for a couple billion and turned into the avengers. i really think they have done a great job of absorbing these mergers. there's a conference call and i want to hear what are you doing with the film and what is your next plan? they just brought in jj abrams, he will be directing the next "star wars" coming out in 2015. the reason we are interested in disney so much is you can look at
," the u.s. is going to sue s&p for the ratings on these loans. what's going on there? can americans get money from that? >> it's unclear. it sounds as if the u.s. does win, is successful, there would likely be some compensation or some monetary award. >> explain this quickly. they're suing s&p for giving high ratings, high marks to these companies that were on shaky ground, to say the least. >> they're suing -- they're likely going to sue, according to the story of s&p, because s&p rated certain securities and certain packages of things that these financial firms had, gave them high ratings. >> gave the federal's actual instrume instruments the high ratings. >> didn't deserve those ratings. as a result, companies either kept them on their books and they went out and tried to sell them. >> so the justice department is going to sue s&p, going to get all this money, this pot of money -- >> you're jumping two or three sets ahead. that's their hope. >> who will get the money at the end? >> from the stories, i can't tell, likely go to the government and the government would disperse some of t
the dollar at $1.3579. >> the u.s. justice department is suing standard and poor's for its alleged role in the 2008 financial crisis. wall street investors say they were expecting the move. in 2007, the ratings agency made its fortune by giving high credit ratings to worthless mortgage debt. that debt later plunged in value, fuelling the crisis. standard and poor's denies the charges and has promised a vigorous defense. the u.s. justice department is charging. we go for more on the story. >> a green light from standard and poor's was once thought to be a mark of confidence, but that was before the company was caught out, giving glowing ratings to investments that bottomed out. u.s. authorities say s&p ignored the risks and misled investors. during the real-estate boom in the united states, banks were happy to sell mortgages to people who actually could barely afford them. that debt was bundled into bonds with other investments, and s&p gave them safe ratings in the financial markets. that is why investors snapped them up, particularly pension funds and other large investors like insuran
had failed. >>> more than $1 billion may go towards beefing up security at u.s. embassies overseas. it is in response to last year's deadly terror attack on the u.s. consulate in benghazi, libya. the money would come from surplus funds that are no longer needed in iraq. the senate has approved the plan, which next goes to a vote in the house. >>> meanwhile, president obama signed legislation yesterday extending the federal government's ability to borrow new money. the measure will suspend the nation's $16.4 trillion debt ceiling until the middle of may. that bill also requires members of the house and senate to pass a budget by mid-april or have their pay withheld. >>> well, it didn't take long for the dow to fall under 14,000, which it hit on friday. stocks taking their biggest dive of the year yesterday on worries about european issues. the dow lost 129 points and the nasdaq was down 48. >>> u.s. government is suing credit rating agency standard & poor's. the justice department says the company gave high ratings to risky mortgage bonds and tho
, the credit rating agencies may have to pay the piper. the u. s. government says it will sue -- u.s. government says it will sue standard & poor's for taking on high-risk reddit ratings -- four it's high-risk -- for its high-risk credit ratings in 2007. it is midday in london, 6:0 zero in dhaka, and 5:30 -- 6:00 in dhkaka. the horrific rape in december has been reported about on " gmt." it led to a great deal of soul- searching about how this nation of more than one billion people treats women. at this specially convened, fast-track court, the first of the prosecution's witnesses. he is understood to be the victim's male friend, with her when she was attacked. over the weekend, president pragmatically signed -- president prem at mukherjee -- pranab mukherjee signed a new law. i realize there are lots of reporting restrictions. what do we actually know about the events in court today? >> as you mentioned, only one witness took the stand. he was the key prosecution witness, the male friend of the young woman who was gang raped and then murdered last december. he was brought here in a
there is two types of government agents in u.s., those who have been hacked by china, and those who don't know they have been hacked this happens roughly a hundred times a day, attacks coming in from china from all sorts of places mostly guangdong province, this is say military effort. charles: michelle. no react, i rarely hear anything from washington in a political realm we hear china manipulating currency but no one talked about this which seems more dangerous? >> it is a same we don't see this obama administration holding countries accountable. when we belief that this is state sponsored, we're not tracking aboutseless information, we're talking about our country intellectual property our secrets, you know it has a lot to do with the organization itself and the department, you see study after study show a lot of people in i-t believe that majority of people in i-t believe that cyber security improvement believes that the policy that the organization imminents this was a -- implements this is not just fault of department of energy but it is carelesess on their hard. charles: gordon we've
story on new details from the justice department that seem to lay out its case for killing u.s. citizens if they're determined to be a terror risk. the memo first reported by nbc addresses issues raised after recent drone strikes including the one that killed american born al-qaeda leader, but now a bi-partisan group of senators says it wants to know why they were never briefed on what is apparently new presidential authority. chief intelligence correspondent kathryn her image is live with more. >> reporter: this letter signed by eight democrats and three republicans urges mr. obama to produce a highly classified memo that authorized the targeted killing program so that, quote, congress and the public can decide whether the president's power to deliberately kill american citizens is subject to appropriate limitations and safeguards. asked about an unclassified draft memo first reported by nbc news, it argues the president has the right to target americans for death because of their leadership within al-qaeda such as the cleric you see here who was killed in september 2011. the attorney g
pressure for reform? that's straight ahead. we begin with new revelations involving u.s. drone strikes program and the obama administration's legal justification behind the use of such efforts against al qaeda suspects. a new 16-page memo copy of which was obtained by nbc news offers fresh insights into this controversial practice including the killing of american citizens overseas if they're believed to be senior operational leaders of al qaeda or an associated force. even if there's no intelligence indicating they're engaged in an active plot to attack the united states. >>> such a strike, of course, took place in yemen in september 2011 killing two operatives. both of them were american citizens who hadn't been indicted by the u.s. government or charged with any crimes. in the past, attorney general eric holder has spoken publicly about the administration's three main pcriteria for justifying a legal strike against a u.s. citizen overseas. they must pose an imminent threat of violent attack, capture is infeasible and the operation must be squint law of war principles. but this newly
industry. >> susie: the u.s. government wants as much as $5 billion from standard and poors, officially accusing the credit ratings agency of fraud during the housing boom. >> tom: and earnings from a trio of consumer stocks finds us spending money on eating out and watching tv. >> susie: that and more tonight on "n.b.r." >> tom: a bold new chapter for computer maker dell was opened today. michael dell said today he's taking the company he founded almost 30 years ago private. it's a $24.5 billion deal offering dell investors $13.65 per share. now, at one point, dell was the largest p.c. maker in the world, boasting market capitalization of more than $100 billion. now, it sits behind apple, hewlett packard and lenovo, valued a fifth of what it once was. ruben ramirez begins are coverage. >> reporter: michael dell admits he missed the consumer shift away from the p.c. to tablets and smartphones, but today's announcement his company is going private doesn't necessary address how dell is going to try to capture those markets. >> they want to continue to be a hardware player, but the questio
spending cuts, cuts he fears will wreck the u.s. economic recovery. basically he wants lawmakers to kick the can down the road one more time. let's go to our white house correspondent dan lothian. dan is joining us. dan, the president made a little bit of a surprise appearance over in the white house briefing room. >> reporter: that's right. very surprising because the president in the past has criticized these short-term deals saying that this is not what the american people sent their elected officials to washington to do. you have this march 1st deadline quickly approaching. while congress is trying to work on a bigger budget, 1 pine point $2 trillion package, the president says they need more time in order to continue tipping away at the problem. the big concern is that everyone believes that the economy is moving in the right direction. the president is pointing to auto sales, the housing, to manufacturing. and so there's this worry that if this see quester happens, if these deep cuts happen then it could be a major set back for the u.s. economy. the president is saying the threat a
u.s. official has determined the target poses a, quote, iminnocent threat of violent attack and clear evidence of an attack is not required. step two, capture must be, quote, infeasible. and step three, the strike must be conducted according to, quote, laws of war principles. but this isn't a just in case guideline. the targeted killings of u.s. citizens have already happened. september 2011, two were killed in yemen. both were u.s. citizens. yes, it's believed al allaki wa connected to the christmas day bomber but he was never charged with a crime. here's how the doj and the white house defend the kill list. >> our concern is to keep the american people safe but in a way that's consistent with our laws and consistent with our values. >> we conduct those strikes because they're necessary to mitigate ongoing actual threats, to stop plots, prevent future attacks and save american lives. the strikes are legal, they're ethical and wise. >> critics say this administration is putting the constitutional rights of american citizens in jeopardy and disregarding federal law that crimi
to destroy. >> today the u.s. government filed charges against the agencies of standard & poor's for its role in the 2008 economic cries. s & p rates investments. when they give an investment a high rating it's considered a low risk. even the most conservative investors like pension funds feel confident buying that product. well the justice department allegeses that s & p knowingly gave high rates to toxic bad mortgages that s & p knew were risky because s & p wanted more business from the banks that createed those purposefully risky bad bundles. that's right. they said the agency, they're getting paid by the very banks they're evaluating. a little conflict of credit? >> s & p misled investors including federally insureed financial institutions causing them to lose billions of dollars. >> going after the credit rating agencies have been a long time in coming. they've called it code made alchemy. they've been doing it for three years and during that time s & p turned over 100 million pages of documents including e-mails between employees and some damaging information has come from those e-mail
. >> reporter: roughly 10 million to 12 million people illegally in the u.s. many accept pay below the legal minimum. afl-cio unions are onboard to end that. >> prevent what's wrong from driving down the wages of everybody else. >> reporter: analysts say that under president obama, the u.s./mexican boarder is more secure. the net number of migrants not increasing. activists demand, reform, now. >> not contingent at all on additional enforcement, whether it is border security or any other types of enforcement. >> reporter: at the first house hearing on the obama initiative -- >> the question is what to do about the 10 million or more people not lawfully here. >> reporter: republicans remain wary. >> what cannot become is a nation with the laws enforced selectively or not at all. >> reporter: boehner sounds open to option. >> this is about trying on get it right. on behalf of the american people and those who are suffering under an immigration system that doesn't work very well for anybody. >> reporter: the issue hurt republicans in november. latinos turning out to vote democratic. the backers
that the daughter of the late u.s. senator strom thurman has died. she announced in 2003 that she was the daughter of thurmond. the former presidential candidate who supported segregati segregation. she was 22 at the time. she kept her father's identity a secret until he died. she worked as a teacher in los angeles for years. she was a mother of four children and was 87 years old. >>> arizona senator john mccain is under fire this morning for what some are calling a racist tweet. mccain tweeted about mahmoud ahmadinejad saying he wanted to be the first iranian in space. he wrote "wasn't he there just last week" referring to the country launching a rocket with a monkey into space. michigan republican justin a mash responded calling it racist and tell mccain to wisen up. >>> new jersey senator robert menendez is speaking out about a prostitution scandal. >> it's amazing to me that anonymous, nameless, faceless individuals on a website can drive that type of a story into the mainstream. the bottom line is all of those smears are absolutely false. >> a conservative website reported in november that me
the numbers. >>> call him banks super fan. dick bove predict as 14-year bull run for u.s. banks. the renowned analyst says we're looking at them all wrong for years and he is here to explain. >>> they made fan at this football one of the most raunchyest, hilarious hobbies imagine. the dirty mind behind the fx's, the league. they're not taking any prisoners. comedic geniuses jeff and jackie schaeffer joins us. even when they say it's not it is always about money. melissa: it is our top story tonight. a day when you can retire and leave the rat race behind, enjoy leisure time, golfg, traveling, for most of us that day is looking further and further away. sure the dow hit a five-year high on friday. but that means if you stayed in you made no money in the past five years. and don't get me started on taxes. put it together and adds up to big delays in retirement a new study shows nearly 2/3 of americans age 45 to 60, plan to put off the retirement. today's "money" power panel is help you to. spencer patton, steel vine investments the chief investment officer. peter schiff, europacific capital ceo
food chains, particularly u.s. fast food chains because it is perceived they have higher quality food than local brands. so when that higher quality food that that reputation goes away, it's going to be very hard to win the consumers back. >> if you're buying the stock, which i'm ng, you're betting on novak. novak's a survivor. novak is a fellow -- he had a very similar address that i did at one point the. he lived in his car. this guy is a comeback kid. he can't come back in the -- >> the one thing i will say is the head of yum in china, sam su, is regarded as the godfather of fast food in china. he is the one who really made yum its presence, bigger than mcdonald's on the ground in china. born and raised in china, went to school here in the united states. maybe he has sort of a better sense of how to get back into the chinese market. it's going to be a big challenge. >> he's kitchen sinking, i think. one of the things that is the devil yum for the last 15 points, is that they can't get their arms around how bad it is. >> yeah. >> it's real bad. now they're saying it's real bad. mayb
rebuild americans shelled out about 4% of their income on gasoline. the u.s. government is expected to file a civil charges against the standard and poor's rating services, alleging that they improperly gave high ratings to mortgage its debts and later plunged in value and helped fuel the 2008 financial crisis. the chargers would mark the first enforcement action the government has taken against a major rating agency. >> bay area news, we are learning new details about the prime suspect in the kevin collins kidnapping. the san francisco a belgian made national headlines in 1984. dan therrien who b\ / win by the nickname kelly, spent the last few years of his life crippled with arthritis. a former employer told kron4, that she is surprised that the suspect ended decades old mystery. she says, that he worked from home okay easily painting a custom home furnishings and he also fix old cars. therrien also had a longtime partner who was named jack child. they were together for more than 30 years, chow is not believed to be a suspect in the collins case. >> nationals, officials say a 5
to haunt standard and poors. the u.s. justice department plans to file charges against s&p for ratings assigned to mortgage bonds before the 2008 financial crisis. that agency - and others - slapped high ratings on mortgage securities that eventually led to financial collapse. it's the first federal action that's been taken against a ratings agency for behavior stemming from the housing crisis. s&p says "the lawsuit would be without factual or legal merit." higher prices at the gas pump trickled into consumers' spending by the most in 3 decades. gas prices are breaking records this february with an average cost of $3.50 per gallon. that as the energy information administration reports u.s. households spent an average of nearly $3,000 putting gas in their tanks in 2012, the most money since the early eighties. it's testy times in our nation's capital. president obama failed to submit a budget plan, and republican house speaker john boehner is calling him out on the missed deadline. "this was supposed to be the day he submitted his budget to the congress. but it's not coming. it's going
of this kind of imminent threat, it requires me being off u.s. soil. >> right. there's a big distinction here, that's important to talk about. this memo only applies in situations where an american citizen is in a combat area. not even -- they can't do it in the streets of london. the memo talks about in a place that is essentially a war zone. >> but we don't have a declared war against these places. >> we do have authorization of use of military force against al qaeda. that's -- >> the zones. >> those are the areas. you know, yemen, afghanistan, formerly iraq, that's where we use those powers. but you talk about your phone calls, you have a -- they need a warrant to listen to your phone calls in the united states. but if you call yemen, they don't need a warrant. >> they can listen. what about mali, is that considered to be a place where, if you're planning an attack against me and you're safe, from i don't know, poughkeepsie, they can take you out there? >> the memo doesn't deal with na directly but you can bet the answer is yes. mali -- anywhere where we think al qaeda mig
detention. standard and poor's is being sued by the u.s. government. some say that it is about time. abuse and injustice, the scandal of false adoption for unmarried mothers in ireland. the president of iran has arrived in cairo. it is the first time an iranian head of government has visited egypt since the iranian revolution in 1959. he got a grand reception but back home he has been dealt a big blow. one of his closest allies has been arrested. thought to be the latest in the approach between the president and his approach -- his opponent. more from cairo in a moment. >> the judiciary has not yet said what they have arrested him. one official report said that he was arrested for illegal possession of government property as the head of the social security network. ahmadinejad promoted him cheat -- two years after he was suspended as the prosecutor general. he is charged with the torture and death of protesters following the 2009 election. that prison has since been closed. back in 2003 he was in the custody of a canadian irani and. i will point out that he has never been charged for that.
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